It's True! You Can Afford to Move to Belize, and Here's Where!

It’s True! You Can Afford to Move to Belize, and Here’s Where!

move to belize

Ever heard of Corozal, Belize? You should if you’ve harbored fantasies about retiring to a carefree, affordable community that’s loaded with charm, ex-pats, attractions and even tax breaks. But here’s the best reason to think about Corozal; real estate prices are affordable—especially when compared to more populated areas, like Ambergris Caye. If you’re eager to move but money remains the gorilla in your living room, the seven points stated in this article could convince you that retiring in Belize isn’t just possible, but doable–even on a budget!

1. Corozal is a warm, welcoming community that edges a Caribbean Sea bay, and because recreational opportunities offered in this area are so vast, you’re not going to have to spend a fortune to take up activities that suit your fancy. Got a fishing rod? A bathing suit? A great pair of walking shoes? Imagine the possibilities.

2. Corozal is becoming a Mecca for North Americans. Newcomers find themselves in the company of neighbors who are as concerned about maintaining an affordable budget befitting their retirement benefits as will you. Why have so many ex-pats chosen this area? Because they get all the benefits of Caribbean living, including idyllic year-round weather and a casual, laid-back lifestyle.

3. Corozal is filled with entertainments that don’t cost a cent. There’s a library, churches and beautiful Central Park where folks meet to chat around the square’s splashing water fountain. Everything is a 10 minute walk away, so petrol stops won’t stress your budget. Only a few attractions have modest entry fees, so residents can visit sites like the Santa Rita Maya Ruin, Crocodile Farm, Manatee Reserve, Butterfly Breeding Center, Shipstern Nature Reserve and Gabriel Hoare Market whenever they like.

4. Corozal was rated a top destination for retirees by the American Association of Retired People (AARP) a few years back, and this endorsement alone attests to the huge influx of North American retirees eager to live life at a slow pace while not exhausting their financial safety nets at the start of their retirement years. Finances aside, Belize’s beauty wins hearts and minds; one ex-pat moved here because the bay reminds him of Santa Monica, minus the high real estate taxes!

5. Corozal is home to one of Belize’s most talked-about communities: Orchid Bay, where life in the luxury lane is surprisingly affordable. This master-planned, gated community looks like an exclusive compound for the wealthy, but it’s populated by retirees on modest budgets. Orchid Bay ex-pats rave about the small-town vibe, lush landscaping and state-of-the-art infrastructure they didn’t expect to find in the Caribbean. When asked why they bought at Orchid Bay, budget-conscious retirees agreed that living in a financially stable community where infrastructure is both a priority and a long term investment, they never feel they’re risking their hard-earned retirement funds.

6. Corozal offers the best of all worlds including affordability. Eating out can fit a retiree’s budget at $20 (this includes a drink) and a first-run movie runs about $5, so you don’t have to keep attending matinees just to save a few bucks. Couples with a combined income of $2,000 a month say they could never afford to maintain their Corozal lifestyle back home. Now, they spend around $200 a month for groceries, $23 for basic cable service and their utility bills average $50 for electric and about $20 for water.

7. Corozal property valuations are steadily increasing, but what prospective buyers find most compelling about a community like Orchid Bay is the fact that the pre-construction pricing on new waterway villas average $200k, luxury beachfront condos are priced in the $300s and vacant land can cost a modest $69k. Visit the development’s website if you’re intrigued and want to know more:

Top Places to Stay in Belize

Belize Tour Companies and Travel Agents

Belize Real Estate Opportunities

June 29, 2018

How the Belize Barrier Reef Beat the Endangered List

An oil drilling moratorium, development restrictions and fishing reform has helped the 200-mile-reef come off Unesco’s endangered world heritage sites...
Read More
June 26, 2018

What the New Alaia Belize Will Look Like

The newest addition to Belize’s fast-growing hotel pipeline is on track for 2020, and now we’ve gotten the exclusive first...
Read More
June 26, 2018

Saving the underwater wonder world of Belize’s reef

Just a stone’s throw off the coast of Belize, brightly colored tropical fish mingle with sharks, manta rays and sea...
Read More
June 26, 2018

RCL Exclusive Your Off-the-Grid Guide to Belize

Belize is the tropical vacation version of a perfect meal. Light appetizer, indulgent main course, decadent dessert and booze …...
Read More
June 17, 2018

Latham: Hard work must be the national symbol of Belize

BELIZE CITY, Belize — Belize is tiny for a country — about the land size of Maryland — but it...
Read More
June 17, 2018

7 Ambergris Caye Restaurants Secret Special Request Options

Once you have lived on Ambergris Caye awhile, you get to know which restaurants have off-menu special request options. Read...
Read More
June 12, 2018

Please Belize Me: Ten Reasons to Put Ambergris Caye on Travel List

After a year of procrastination and poor planning, Belize finally made it on my to do list in 2018. Read...
Read More
June 12, 2018

Autograph Collection Hotels Set to Debut in Belize with the Opening of Alaia

Autograph Collection Hotels, in partnership with owner and developer Andrew Ashcroft, today announced the brand will debut in Belize with the...
Read More
June 12, 2018

5 Reasons to Vacation in Belize this Summer

Summer is the busiest season for travel to Europe. That’s where most vacationers are headed during the months of June,...
Read More
1 2 3 19



1 Comment

  • Why Moving to Belize Isn't as Hard as You'd Think Reply

    January 19, 2016 at 9:32 pm

    […] excitement will propel you from “thinking about moving” to “we’d better start packing.” Moving to Belize is a particularly sane move because it has more going for it than surrounding nations, so you get […]

Leave a Comment


Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password


Please support the site
By clicking any of these buttons you help our site to get better